1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Crank
3 years ago
14

JPL Company has two segments - Retail and Commercial. The Retail segment has a contribution margin ratio of 40% and traceable fi

xed expenses of $70,000. Commercial has traceable fixed expenses of $50,000 and a contribution margin ratio of 55%. The company also has $30,000 of common fixed expenses. The break-even point in dollar sales for the Retail segment equals:
Business
1 answer:
kakasveta [241]3 years ago
7 0

Answer:

The break-even point in dollar sales for the Retail segment equals to $175,000

Explanation:

Break-even point is the point of sales where the business incur no profit and no loss. Business fulfills all the variable and fixed cost requirements at this point.

Retail segment

Contribution margin ratio = 40%

Fixed Expense = $70,000

Break even sales revenue = Fixed cost / Contribution margin ratio

Break even sales revenue = $70,000 / 40%

Break even sales revenue = $175,000

You might be interested in
Which of the following does not represent a copyright?
Margarita [4]

Answer choreographing a dance step by step

4 0
3 years ago
PLEASE HELP!!! ONLY GOOD ANSWERS,
Helga [31]

The sooner you need the money, the less risk you will be willing to take on.

If you have until you retire, you may be more willing to gamble on riskier investments for the potential of bigger returns because if it doesn't work out you will still have plenty of time to make up the loss. However, if you need the money sooner for a car you should only take on a minimal amount of risk.

7 0
3 years ago
Price serves the function of _____ for goods, services, and financial resources.
Blababa [14]
Allocator- Price thus serves the function of allocator. First, it allocates goods and services among those who are willing and able to buy them. (As we noted in Chapter 1, the answer to the economic question “For whom to produce?” depends primarily on prices.) Second, price allocates financial resources (sales revenue) among producers according to how well they satisfy customers’ needs. Third, price helps customers to allocate their own financial resources among various want-satisfying products.
7 0
3 years ago
In the underground city of Neverwhere, GDP is $15 trillion, consumption is $10 trillion, and government spending is $2.5 trillio
9966 [12]

Answer:

$3 trillion

Explanation:

Given that,

GDP = $15 trillion

consumption = $10 trillion

Government spending = $2.5 trillion

Taxes = $1 trillion

Net capital inflow = $0.5 trillion

Investment:

= GDP - Consumption - Government spending + Net capital inflow

= $15 - $10 - $2.5 + $0.5

= $3 trillion

We know that savings is equal to investment spending.

Therefore, the total savings for the economy of Neverwhere is $3 trillion.

8 0
2 years ago
In Brooklyn, New York, a pharmacy technician works in a neighborhood with many ethnicities. Many people are direct descendents o
Kay [80]

Answer:

A difference in languages between the parties

Explanation:

If the people are different ethnicities like, Russian, Polish, and Hebrew, they most likely do not speak the same language as each other or as the pharmacy technician.

6 0
3 years ago
Other questions:
  • Jason's Outdoors manufactures two products: snow skis and water skis. Jason's managerial accountant suspects that product cost d
    14·1 answer
  • WP Corporation produces products X, Y, and Z from a single raw material input in a joint production process. Budgeted data for t
    12·1 answer
  • Among the advantages of corporations are the ease of raising financial capital, professional management, and
    5·1 answer
  • 5. Which of the following is an example of global economies of scale? a. Johnson & Johnson makes fourteen different varietie
    6·1 answer
  • Use this information for Train Corporation to answer the question that follow. The following financial information was summarize
    5·1 answer
  • Healthy foods just paid its annual dividend of $1.62 a share. the firm recently announced that all future dividends will be incr
    14·1 answer
  • How can a business support the community​
    6·2 answers
  • Julie has just retired. Her company’s retirement program has two options as to how retirement benefits can be received. Under th
    12·1 answer
  • When the strong dictatorial rule in Arlington unexpectedly collapsed due to the shocking death of the royal family in an explosi
    8·1 answer
  • Typical structure characteristics of interest to Industrial Organization researchers include a.​Barriers to entry b.​Product
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!